Market Trends | NIC MAP Vision | Skilled Nursing | medicaid | medicare
By: Bill Kauffman | February 02, 2023
NIC MAP Vision released its latest Skilled Nursing Monthly Report on February 2, 2023. The report includes key monthly data points from January 2012 through November 2022.
Business Environment | Executive Survey Insights | Skilled Nursing | assisted living | staffing
By: Ryan Brooks | January 19, 2023
“In the Wave 49 survey, respondents were asked when their organization expected to return to pre-pandemic occupancy levels. Across all care segments the most common response was for occupancy to return at some point in the first half of 2023. Independent living (52%) and memory care (53%) operators were the most optimistic respondents, with more than half anticipating their organization’s occupancy levels would return to pre-pandemic levels within the next six months.
Market Trends | NIC Fall Conference | Skilled Nursing | medicare
By: NIC | January 12, 2023
Surprises happen. Despite plenty of headwinds—a labor shortage, challenged occupancies and rising expenses—the price of skilled nursing facilities continues to climb. The average price per bed in the third quarter of 2022 was $106,340, up from $95,657 during the same quarter in 2021, an 11% increase.
COVID-19 | Market Trends | Skilled Nursing | medicaid | medicare | occupancy
By: Bill Kauffman | December 29, 2022
“The occupancy rate for skilled nursing properties increased throughout 2022. However, labor continues to be a significant challenge within the industry and some operators are unable to admit new patients due to staffing shortages.”
